SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Death Sphincter who wrote (35815)12/31/1998 10:25:00 AM
From: Arik T.G.  Read Replies (1) of 94695
 
EWT was devised for the very long,long and medium term projections.
To figure out the longer waves one must use weekly charts.
When looking at the weekly closing prices 12/94-12/98 one can easily define intermediate 1, the ABC of intermediate 2, all the minors of intermediate 3 and even the 5 minuettes of minor 5 of intermediate 3.
Now on the same chart, the 7/98-8/98 down move could be the whole intermediate 4 and 9-10/98 minor 1 and 2 of intermediate 5 (the wizeguy scenario). That makes the current move 10-12/98 minor 3, and after we correct to SPX 1210 area, we'll have minor 5 to take us to marginally new highs and END GAME.

your thoughts?

ATG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News